Welcome

PensionTsunami's primary focus is on California's public employee pension crisis, but we also monitor news in other states, keep an eye on the world of corporate pensions, and follow developments in Social Security since it is taxpayers who will ultimately be responsible for making up deficits incurred by any of these retirement plans. We also try to monitor international trends. The editor of PensionTsunami.com is Jack Dean (JackDean-at-PensionTsunami-dot-com).

Sponsored Links

Archive for January, 2016

“For the first time in the pension fundâ€™s history, we paid out more in retirement benefits than we took in contributions.â€ â€“ Anne Stausboll, Chief Executive Officer, CalPERS, 2014-2015 Comprehensive Annual Financial Report By Ed Ring | There are few examples of a seemingly innocuous statement with more significance than Stausbollâ€™s admission, buried within her […]

Several subscribers emailed me to ask why there were so few headlines posted each day over the past two weeks and why there were no mailings. Well, 2015 was a grueling year for me, so I decided to take a public-employee-style holiday break this year. The model I used was my own City of Fullerton. […]